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Net Income and Dividends per Share | 6 Months Ended
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Jun. 30, 2013
Net Income and Dividends per Share [Abstract] |
Net Income and Dividends per Share | 7. Net Income and Dividends per Share The following table presents a reconciliation of basic and diluted income per share computations (in thousands, except per share data and anti-dilutive stock option counts):
|  | Six months ended June 30, | Three months ended June 30,
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 33 |  | $ | 6,292 |  | $ | 8,092 |  | $ | 14,198
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average shares outstanding |  |  | 16,683 |  |  | 17,215 |  |  | 16,727 |  |  | 17,217
Effect of unvested restricted stock awards considered participating securities | 297 |  |  | 385 |  |  | 233 |  |  | 385
Weighted-average shares outstanding – basic |  | 16,980 |  |  | 17,600 |  |  | 16,960 |  |  | 17,602
Effect of dilutive common stock options |  |  | - |  |  | - |  |  | - |  |  | -
Weighted-average shares outstanding – diluted | 16,980 |  |  | 17,600 |  |  | 16,960 |  |  | 17,602
Net income per share – basic |  | $ | 0.00 |  | $ | 0.36 |  | $ | 0.48 |  | $ | 0.81
Net income per share – diluted |  | $ | 0.00 |  | $ | 0.36 |  | $ | 0.48 |  | $ | 0.81
Cash dividends declared per share1 |  | $ | 0.06 |  | $ | 0.12 |  | $ | - |  | $ | 0.06
Stock options excluded from the calculation of diluted earnings per share because their effect would have been anti-dilutive | 1,635,000 |  |  | 1,403,000 |  |  | 1,395,000 |  |  | 1,253,000
1The Company suspended quarterly dividend payments during the three months ended June 30, 2013.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 40 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=16381557&loc=d3e4984-109258 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 + Details
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